BYD’s Stock Falls After Report Buffett Sold His Entire Stake Bloomberg.com Buffett’s Berkshire totally exits its profitable stake in Chinese EV maker bought because of Munger CNBC Warren Buffett’s Berkshire Hathaway exits China’s BYD, filing shows Reuters Warren Buffett exits BYD amid China’s cutthroat EV market South China Morning Post Berkshire Hathaway exits BYD, closing out 17-year investment in Chinese EV maker. investingLive Source link
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BYD’s $45 Billion Stock Wipeout Raises Doubts on China Outlook – Bloomberg.com
BYD’s $45 Billion Stock Wipeout Raises Doubts on China Outlook Bloomberg.com Can China stop its EV price wars? Financial Times Price War Batters Chinese Automakers’ Profits Caixin Global Consolidate or else: China’s car industry is too large for its own good Mint Tesla’s China Rival BYD’s Stock Bleeds Amid Aggressive Pricing Strategy Stocktwits Source link
Read More »Tesla (TSLA) Rival BYD’s Shares Slump in China after Q2 Profit Plunge
The stock prices of BYD (HK:1211) (BYDDY), one of Tesla’s (TSLA) key rivals in the electric vehicle market, slumped on Monday at the market close in China and Hong Kong. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The stock …
Read More »BYD’s Hong Kong shares fall nearly 8% after quarterly profit drop
Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images Hong Kong-listed shares of BYD slid nearly 8% Monday after the Chinese electric vehicle maker reported a sharp drop in quarterly profit amid an aggressive price war across its domestic industry. The Tesla rival on Friday reported net profit …
Read More »BYD’s Profit Plunge May Be a Worrying Sign of Things to Come – Bloomberg.com
BYD’s Profit Plunge May Be a Worrying Sign of Things to Come Bloomberg.com Tesla Rival BYD’s Earnings Tumble 30%, Far Below Views Investor’s Business Daily Is BYD Stock Your Ticket to Becoming a Millionaire? Yahoo Finance BYD’s quarterly profit falls for first time in 3-1/2 years as price wars bite Reuters BYD’s First-Half Profit Rose, Margin Narrowed The Wall Street Journal Source link
Read More »See BYD’s Fleet of Car-Carrying Cargo Ships Taking the Fight to Tesla
Elon Musk had a problem. As Tesla struggled to ramp up sales in October 2022, it faced a critical shortage of ships to deliver its EVs. “There weren’t enough boats, there weren’t enough trains, there weren’t enough car carriers,” Musk told investors, after Tesla announced it had delivered tens of thousands of cars fewer than it made over the previous …
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